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Leading crypto firm Coinbase faces up to $400m hit from cyber attack
The firm says hackers have obtained customer information by paying off employees.
The firm said it was contacted by hackers who claimed to have gained access to customer information, obtained by making payments to Coinbase contractors and employees. In a blog post, Coinbase said the criminals had gained access to "less than 1%" of its customer data, which they then used to impersonate the firm and trick people into handing over their crypto. The cyber attack comes days before the US company is set to join the benchmark S&P 500 index - a landmark moment for the crypto industry.
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